1 star ratingAverage User Rating:
1 star rating based on 2 reviews.

Centrue Bank

Centrue Bank Locations
201 East Main Street
Streator, IL 61364
1-888-728-6466
www.centrue.com

Centrue Bank is headquartered in Streator and is the 43rd largest bank in the state of Illinois. It is also the 690th largest bank in the nation. It was established in 1874 and as of March of 2012, it had grown to 282 employees at 28 locations. Centrue Bank has a 1-star health rating.

Related Posts

2.50% 18-Month CD at Centrue Bank in Illinois - Local Only - 9/27/2009

Update 10/10/2009: The 2.50% 18-month CD special is no longer listed on the bank's front page. Please check with the bank for the latest specials.Centrue Bank is offering a special 18-month CD with a 2.50% APY. Minimum deposit is $5,000. It's also...


Data for Q1 2012


Institution Statistics


Centrue Bank
FDIC Certificate #3744
BankRate ReportView
Year Established1874
Employees282
Primary RegulatorFED

Assets and Liabilities

Assets$958.71 million
Loans$548.88 million
Deposits$845.25 million
Equity Capital$68.45 million
Loan Loss Allowance$20.34 million
Unbacked Noncurrent Loans$42.85 million
Real Estate Owned$33.50 million

Historic Data - March 2011

Assets$1.07 billion
Equity Capital$71.58 million
Loan Loss Allowance$29.09 million
Unbacked Noncurrent Loans$63.52 million
Real Estate Owned$28.58 million

Profit Margin - Quarterly

Net Interest Margin3.09%
Return on Assets0.01%
Return on Equity0.17%
Interest Income$8.01 million

Institution Health


Overall Score:
1 out of 5
1
Texas Ratio1
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Centrue Bank had $76.35 million in non-current loans and owned real-estate with $88.79 million in equity and loan loss allowances on hand to cover it. This gives Centrue Bank a Texas Ratio of 85.99% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Centrue Bank held steady from 91.49% as of March 31, 2011 to 85.99% as of March 31, 2012, resulting in a positive change of 6.02%.This indicates that the balance sheet and financial strength for Centrue Bank has held steady in recent periods.
Deposit Growth1
In the past year, Centrue Bank has decreased its total deposits by -$80.06 million, resulting in -8.65% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Centrue Bank has shown is poor.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Centrue Bank has $958.71 million in assets with $88.79 million in equity, resulting in a capitalization level of 9.26%, which is average.
Write Review

Mad Customer
1 stars - hatecentruebank - Sunday, November 6, 2011 - 4:26 PM

My bank account got hacked from THEIR system and they did not refund all of my charged that were false. They did refund 2 of the charges, but not the rest! That is BS!!!! There were approx. $200 in false charges that they did not refund back to me. Centrue bank does not stand by their policy and their "fraudulent" charges refund policy. They are supposed to stand by their name and refund anything that you say is not yours and they did NOT do this. It's not my fault they have a low security computer system that got hacked and that someone spent my money! They should have to pay.....I will be switching bank accounts ASAP and I would suggest that everyone else do the same before your money is stolen!

7

Worst Bank Do Not Recommend!!
1 stars - Slytel - Tuesday, November 29, 2011 - 3:11 PM

I have never been with a bank like this one that will hit you with fees fees and morefees. My account has been hacked 3 times and this bank could care less. And oh yeah made me eat the over draft fees cause of their poor online security. Bank elsewhere not he re.

5
 
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